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The idea that non-profit groups are more virtuous than profit driven companies
Posted on 7/13/14 at 6:41 pm
Posted on 7/13/14 at 6:41 pm
Why are non-profit organizations portrayed as having preferable motives compared to for profit groups when the profit motive is the most efficient driver for achieving a given result?
This post was edited on 7/13/14 at 6:47 pm
Posted on 7/13/14 at 6:48 pm to weagle99
Non profits are a clever way for the ruling class to shuttle tax money to their family and friends.
Posted on 7/13/14 at 6:56 pm to weagle99
quote:I have no idea. Non-profit does not = no money. One "non-profit" I know avoids "profit" by dividing up all the money left over at the end of the year on purchases of lavish office accoutrements and bonuses. Seems pretty common actually.
Why are non-profit organizations portrayed as having preferable motives compared to for profit groups when the profit motive is the most efficient driver for achieving a given result?
Posted on 7/13/14 at 6:56 pm to weagle99
quote:
the profit motive is the most efficient driver for achieving a given result?
There's no profit in giving things to people who can't afford them, so in the case of charities, nonprofits are the only mechanism.
Whether that is more virtuous is a value judgment.
Posted on 7/13/14 at 6:57 pm to weagle99
quote:
Why are non-profit organizations portrayed as having preferable motives compared to for profit groups
sounds pretty self explanatory
quote:
when the profit motive is the most efficient driver for achieving a given result?
ahh the myth that the unfettered free market will solve all of society's ills
This post was edited on 7/13/14 at 7:10 pm
Posted on 7/13/14 at 7:04 pm to Bestbank Tiger
quote:Not neceassarily. Many for-profit companies are actually QUITE charitable. The Houston Symphony Orchestra is heavily subsidized by Chevron, Exxon and Shell.
There's no profit in giving things to people who can't afford them, so in the case of charities, nonprofits are the only mechanism.
Posted on 7/13/14 at 7:17 pm to Draconian Sanctions
quote:
ahh the myth that the unfettered free market will solve all of society's ills
Who has ever claimed this?
Posted on 7/13/14 at 7:18 pm to Bestbank Tiger
quote:
There's no profit in giving things to people who can't afford them, so in the case of charities, nonprofits are the only mechanism.
I argue that alot of the 'have nots' are that way because society has villainized the profit motive for so long.
Posted on 7/13/14 at 7:19 pm to weagle99
non-profits still make money, they just don't pay it out in dividends.
Posted on 7/13/14 at 7:22 pm to weagle99
quote:
because society has villainized the profit motive
what country have you been living in? America is one of the most materialistic, most accepting of "the profit motive" of any country in the world.
This post was edited on 7/13/14 at 7:24 pm
Posted on 7/13/14 at 7:33 pm to Draconian Sanctions
quote:
most accepting of "the profit motive" of any country in the world.
All of the oil companies that operate in the United States say 'hello.'
And that is just one example out of very many.
Posted on 7/13/14 at 7:35 pm to weagle99
how much time have you spent outside the united states?
serious question.
serious question.
Posted on 7/13/14 at 7:40 pm to Draconian Sanctions
quote:
how much time have you spent outside the united states?
Some, but not as much as I would like. Probably true for most people who like to travel.
I think I see where you are going.
Posted on 7/13/14 at 7:41 pm to Taxing Authority
quote:
Not neceassarily. Many for-profit companies are actually QUITE charitable. The Houston Symphony Orchestra is heavily subsidized by Chevron, Exxon and Shell.
For profit companies can be charitable.
But I was thinking more in terms of organizations like soup kitchens. You can't make money giving food to people who can't afford it--the math just doesn't work.
Even if you have support from Shell or Exxon or Chevron, they're going to want to see their donations go to the people who need it. So if you take a little off the top, your benefactors are going to be less generous in the future. All the money needs to go to your mission.
Posted on 7/13/14 at 7:43 pm to Draconian Sanctions
quote:
Why are non-profit organizations portrayed as having preferable motives compared to for profit groups
quote:
sounds pretty self explanatory
You wouldn't believe how many non profits are set up here in the NOLA area just to avoid paying taxes. Put it this way. There are a lot of Black gentlemen that are calling themselves Reverend with established Churches with no congregations.
Posted on 7/13/14 at 7:58 pm to Bestbank Tiger
quote:
But I was thinking more in terms of organizations like soup kitchens. You can't make money giving food to people who can't afford it--the math just doesn't work.
You can make money as a non-profit hospital. A lot of money. You can make a lot of money providing halfway houses. You can make a lot of money in a hospice. You can make a lot of money providing substance abuse counseling. Or running children's charities.
Posted on 7/13/14 at 7:59 pm to Bestbank Tiger
quote:
Even if you have support from Shell or Exxon or Chevron, they're going to want to see their donations go to the people who need it. So if you take a little off the top, your benefactors are going to be less generous in the future. All the money needs to go to your mission.
Not necessarily. Rainbow Push says hello.
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